KANSAS CITY, Kan. — Garmin Ltd. said Monday it is laying off 141 employees in Kansas City, according to a report from the Kansas City Star.
The company has 2,510 employees in the Kansas City area and about 9,500 worldwide, the Star reports. Garmin eliminated some contract labor positions in its Taiwan facility late last year, but Monday's cuts are the first time the company has been forced to eliminate full-time positions, the paper said.
"Garmin experienced explosive demand for its products over the past few years, and we aggressively hired associates to meet those high-growth business objectives," Garmin's president Cliff Pemble told the Star. "With the new economic realities facing our industry and the global economy, we are now faced with excess capacity in some areas of the company.”
Employees, who are being laid off from Garmin's human resources, marketing administration and operations divisions, will all receive severance packages, according to the Star.
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